PetStar invests in NL
PET recycling capacity will be increased in the state.
With an investment of 50 million pesos, Arca Continental inaugurated the expansion of the PetStar plant, which collects PET in the municipality of General Escobedo.
With this expansion, the facility will triple its collection capacity from 6,300 to 18,400 tons per year, equivalent to 811 million PET bottles, thus consolidating the social and environmental value of the local circular economy.
It is worth noting that this investment in Nuevo León is part of a national investment plan that amounts to close to 3 billion pesos, which will be used to strengthen PetStar's collection and recycling capacity, going from 8 to more than 40 PET collection centers and plants throughout the country by 2027, managing to collect the equivalent of 100% of the volume that Arca Continental and other bottlers of the Mexican Coca-Cola Industry (IMCC) put on the market.
Jorge Santos, Chairman of the Board of Directors of Arca Continental highlighted that PetStar, is the leading PET recycler in Latin America.
"We want each person to know that, by choosing our products, they are making a positive difference by acquiring bottles that contain a percentage of recycled PET; that the boxes that transported it were made from recycled caps and labels; and that each recycled bottle contributed to the social mobility of 80 thousand people, involved in its recovery," said Santos.
It is estimated that this growth will also benefit more than 180 micro-businesses or collection partners dedicated to the purchase and sale of recyclable materials, promoting the social mobility of more than 11,000 people dedicated to the recovery of urban waste in 21 municipalities, including General Escobedo, Monterrey, Juarez, Hidalgo, San Nicolas de las Garza and Apodaca, in Nuevo Leon.
Circular economy
PetStar is led by Arca Continental, Coca-Cola Mexico and other bottlers, and currently recovers almost 7 out of every 10 bottles that its shareholders put on the market, with a circular economy model that generates economic, social and environmental value by promoting the formalization of PET recovery, as well as a recycling process free of CO2 emissions.
As of 2023, PetStar will continue to increase the shared value of its operations to increase from 1,700 direct employees throughout the country to 4,000; and from 1,500 MSMEs dedicated to the purchase and sale of recyclable materials to 3,600.